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I have got my legacy fund back 30.04. and I guess now is everybody. Beacause todays report is"Arbitrage result 0.29%. Legacy transfer completed." But withdrawal is not working. I made my withdrawal 38 hours ago and nothin in wallet yet.

They used to actually care about posting results that jived with the market action and they'd give actual descriptions of the trading day, etc... Now, they don't even care about doing any of that. We're three days in a row now with .3%-ish results, where the spreads would have allowed a lot more arbitrage. Pretty clear what's going on, now...the daily results aren't any good because they don't want to dig a bigger hole for themselves to pay out, on new deposits.

Anyone who'd consider putting money into this thing now, knowing what we know, is a glutton for punishment.

There was a guy on scrypt.cc chat asking about btc-arbs.com. I had to tell him 3 times its was a scam, he didn't want to believe it.

You have done everything you can, and just let that guy learn a lesson.

I just tried to withdrawl my BTC and we will see what happens. If I get any of it back I will let you know. If I do get it back, I will be forced to conclude that the site is actualy real, and will likely put it all back in as it is making good returns.

I have got my legacy fund back 30.04. and I guess now is everybody. Beacause todays report is"Arbitrage result 0.29%. Legacy transfer completed." But withdrawal is not working. I made my withdrawal 38 hours ago and nothin in wallet yet.

I still have most of my funds in legacy...

Me too and I just submitted a support ticket about it. While it isn't enough to hurt me, it is still enough to want to get out of there.

And the response. (I don't think they really read the mail sent.) Seems like they aren't done yet.

Sent on April 22nd 2014 Thank you for your message. As the new owners of BTC-Arbs we are happy to hear from you and are interested in hearing any suggestions that you may have. We are aware that the "Legacy Fund" method of doing things isn't ideal for some members, however it is the best way to ensure that all of our books are in order as we begin to move forward. As you will see, we have already started to transfer a portion of the Legacy Funds back to the main balance. Furthermore, we have processed all withdrawals that we have received.

We would appreciate your patience during this transition. A manual verification of the funds within the system is necessary, particularly due to the fact that there were a number of issues that arose as a direct result of the Heartbleed bug.

Further information regarding this transition will be provided in the coming days, along with information about our acquisition of an official investment license.

I have got my legacy fund back 30.04. and I guess now is everybody. Beacause todays report is"Arbitrage result 0.29%. Legacy transfer completed." But withdrawal is not working. I made my withdrawal 38 hours ago and nothin in wallet yet.

I still have most of my funds in legacy...

Me too and I just submitted a support ticket about it. While it isn't enough to hurt me, it is still enough to want to get out of there.

And the response. (I don't think they really read the mail sent.) Seems like they aren't done yet.

Sent on April 22nd 2014 Thank you for your message. As the new owners of BTC-Arbs we are happy to hear from you and are interested in hearing any suggestions that you may have. We are aware that the "Legacy Fund" method of doing things isn't ideal for some members, however it is the best way to ensure that all of our books are in order as we begin to move forward. As you will see, we have already started to transfer a portion of the Legacy Funds back to the main balance. Furthermore, we have processed all withdrawals that we have received.

We would appreciate your patience during this transition. A manual verification of the funds within the system is necessary, particularly due to the fact that there were a number of issues that arose as a direct result of the Heartbleed bug.

Further information regarding this transition will be provided in the coming days, along with information about our acquisition of an official investment license.

Sincerely, Ron James & The Global Capital Alliance

And I think it is the identical message I got from them. I posted somewhere on page 60+ of this thread.

This is what I stand to lose. It's nothing compared to some people.Still frustrating though as I could be trying to turn a profit elsewhere.

What's really annoying though is seeing this:

Still, I took the risk and I knew there was a chance of loss. Just didn't expect it to happen this quickly.

PSA: scrypt.cc is a scam, most likely of the "ponzi" variety. You will lose your money if you try to "invest" or "play" or whatever you want to call your participation in this shitshow. You've been warned.

This is what I stand to lose. It's nothing compared to some people.Still frustrating though as I could be trying to turn a profit elsewhere.

I totally agree... I'm making between 8% and 19% / day on the rest of my BTC, the only reason I put it in btc-arbs was because I thought I should keep some in a safe place that would generate returns turns out the safe place was the dodgiest place I could think of...

This is what I stand to lose. It's nothing compared to some people.Still frustrating though as I could be trying to turn a profit elsewhere.

I totally agree... I'm making between 8% and 19% / day on the rest of my BTC, the only reason I put it in btc-arbs was because I thought I should keep some in a safe place that would generate returns turns out the safe place was the dodgiest place I could think of...

Hahaha! I never considered it safe but I did consider a good short term investment. I just didn't accurately estimate how short that term was.Annoyingly, I did in fact withdraw everything for a week at one point but decided to give it a month before calling it quits as I'd seen nothing to convince me it was 100% scam. What a fool I was.

PSA: scrypt.cc is a scam, most likely of the "ponzi" variety. You will lose your money if you try to "invest" or "play" or whatever you want to call your participation in this shitshow. You've been warned.

This is what I stand to lose. It's nothing compared to some people.Still frustrating though as I could be trying to turn a profit elsewhere.

I totally agree... I'm making between 8% and 19% / day on the rest of my BTC, the only reason I put it in btc-arbs was because I thought I should keep some in a safe place that would generate returns turns out the safe place was the dodgiest place I could think of...

Hahaha! I never considered it safe but I did consider a good short term investment. I just didn't accurately estimate how short that term was.Annoyingly, I did in fact withdraw everything for a week at one point but decided to give it a month before calling it quits as I'd seen nothing to convince me it was 100% scam. What a fool I was.

The thing is it shouldn't have been short term. Successful HYIP's that pay 8% a day can pay for months. One of the best ones in past history I was in was Royalty7.

And btc-arbs was a variable low to mid interest rate program so they could even control the daily interest they decide to give. btc-arbs run by a decent admin could have lasted a year. Longer if a good admin, and who knows how long since a big part of its membership base did not even know it was a HYIP.

STAY AWAY: rockwell,btc-arbs,bitcoin-trader - I've been playing HYIP's and have a near flawless record over the last year. Made over 1000% return last year. Play HYIP's safely and smart! Stay away from the referral whores on this forum, especially from those putting out their referral links in their signatures. They have no other interest but to profit from you.

I also didn't think it'd fold after just two months of operation, it seemed way too short of a time. I'm of the mind that it was probably like someone suggested elsewhere in the thread, that they had a number in mind and when they hit it, they "sold the business to a hedge fund nobody's ever heard of."

The thing that's most aggravating to me personally is that I had the urge to withdraw my funds about two weeks before Easter and I resisted it, because I had a number in my mind too. D'oh.

They just updated with 1% results for the day, basically about 12 hours after the last update for the 1st...and no legacy transfer with it, though they are claiming that it's all going swimmingly and they're on the right path to being "back on track." I dunno about anyone else, but having only received 3% of my money from the legacy funds, I don't feel like that says they're on a path to being back on track.